Chief Financial Officer (CFO)

Chief Financial Officer (CFO) Methodist Jennie Edmundson Behavioral Health Hospital

Methodist Health System, the region's most established not-for-profit provider, has partnered with Acadia Healthcare, the nation's largest standalone behavioral health company, to open a new 96-bed inpatient behavioral health hospital in Council Bluffs, Iowa. This marks Acadia's first acute psychiatric facility in Iowa, expanding much-needed access to behavioral health services across Southwest Iowa and the Greater Omaha area. Just minutes from downtown Omaha, Council Bluffs blends small-town charm with city convenienceoffering affordable living, great schools, and a strong sense of communitymaking it an ideal location for this important new facility.

Scheduled to open in early 2026, Methodist Jennie Edmundson Behavioral Health Hospital will offer a full continuum of inpatient and outpatient care for adults, seniors, and youth, including programs for mood disorders, dual diagnosis, geriatric psychiatry, child & adolescent care, PHP / IOP, and ECT. The facility will play a vital role in addressing the region's significant behavioral health bed shortage.

We are looking to hire a facility Chief Financial Officer (CFO) for this brand new hospital. This is a unique opportunity to help build a behavioral health hospital from the ground uppartnering with Nebraska Methodist, a trusted regional health system with a 130+ year legacy of excellence. The CFO is an integral part of the senior leadership team and expected to participate in the financial and functional decision-making processes necessary for the successful attainment of the facility's operational and financial goals. The Facility CFO has responsibility and is accountable for overall financial operations and all aspects of the day-to-day fiscal management of the facility.

Your responsibilities as CFO :

• Ensures that monthly financial statements are completed timely and accurately.
• Ensures that all balance sheet accounts are reconciled on a monthly basis and in compliance with company policies and standards and that any outstanding variances are identified and corrected timely.
• Prepares corporate required reports (including the Monthly Operating Report, Monthly Certifications, Corporate Disclosures, Forecasts) timely and accurately.
• Ensures all accounting and business office policies and required internal controls are in place to facilitate a clean audit with no material audit adjustments or deficiencies found. Ensures that all approval processes are in place.
• Directs the operations of the Revenue Cycle to ensure that accounts receivable is collected timely and uncompensated care is kept to a minimum. Strives to achieve goals for cash collections and AR days and to reduce bad debt and denials. Routinely reviews revenue cycle metrics to proactively identify and address issues affecting overall performance.
• Is actively involved in ensuring Front End Revenue Cycle processes are in place including ensuring the insurance verification is completed on 100% of patients, working with the Financial Counselor to ensure proper determination of patient portions and approval of any discounts or charity and proper logging of upfront collections.
• Maintains a thorough working knowledge of federal, state and managed care reimbursement methodologies to ensure that facility is paid accurately, and revenue deductions are recorded accurately. Facilitates preparation of any required cost reports.
• Supervises Accounting, Patient Accounting, Health Information Management, Materials Management and other departments assigned by the CEO. These departments may include, but are not limited to, Health Information Management, Materials Management, and Human Resources. Ensures department is adequately staffed and trained.
• Ensures compliance with Group Purchasing contract and monitors purchases to ensure supply costs are kept to budgeted levels.
• Prepares annual operating budget and participates in the annual strategic planning process which serves as a basis for the budget. Provides ongoing analysis of variances from budget and assists the CEO in implementing changes needed to achieve budget goals.
• Prepares annual capital budgets and Capital Equipment Requests. Ensures assets and related depreciation is recorded accurately and in compliance with company policies.

CFO Requirements :

This Opportunity offers the following :

We are committed to providing equal employment opportunities to all applicants for employment regardless of an individual's characteristics protected by applicable state, federal and local laws.